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Carats: What a Diamond Weighs. The weight of a diamond is one of these variables that determines a diamond’s worth and is what the general public is most familiar with. The unit of measurement ...
There are considerable price shifts near the edges of the size bands, so a 0.49 carats (98 mg) stone may list at $5,500 per carat = $2,695, while a 0.50 carats (100 mg) stone of similar quality lists at $7,500 per carat = $3,750.
Since the per carat price of diamond shifts around key milestones (such as 1.00 carat (200 mg)), many one-carat diamonds are the result of compromising cut for carat. Some jewelry experts advise consumers to buy a 0.99-carat (198 mg) diamond for its better price or buy a 1.10-carat (220 mg) diamond for its better cut, avoiding a 1.00-carat (200 ...
The diamond, which has yet to be named, is the second-largest to be discovered since the 3,106-carat Cullinan Diamond was found 119 years ago in South Africa in 1905, CNN reported.
In May 2009, a 7.03-carat (1.406 g) blue diamond fetched the highest price per carat ever paid for a diamond when it was sold at auction for 10.5 million Swiss francs (6.97 million euros, or US$9.5 million at the time). [59]
A 1,109 carat diamond, unearthed at the same mine in 2016, was bought for $53m (£39.5m) by London jeweller Laurence Graff, chairman of Graff Diamonds, in 2017. Lucara has 100% ownership of the ...
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